Sumitomo Electric Industries, Ltd. was selected for the Thomson Reuters 2013 Top 100 Global Innovator Award by Thomson Reuters, the world’s leading information service company (Headquarters: New York, U.S.), and received the trophy on October 23.

Thomson Reuters selects the 100 most innovative companies based on four criteria: the number of patents over the past three years, success ratio of published applications to granted patents, patent portfolio in major world markets, and impact of inventions as determined by the frequency of citations by other companies over the past five years.

The Sumitomo Electric Group has been pushing ahead with development of new businesses and products that will contribute to the progress of society in accordance with the following business principles: “attaching importance to technology,” and “building technical expertise, realizing changes, and striving for consistent growth.” These efforts have resulted in innovative products and technologies such as superconducting cables and redox flow batteries. We believe that Sumitomo Electric has been selected for this award - its second such award following the one in 2011 - as a result of the recognition of such collective efforts of the Group.

The Sumitomo Electric Group will continue to develop outstanding, creative, and original technologies by anticipating social changes and technological trends.